标签归档：西安耍耍论坛

Ronghui Jinke Si Mingcheng： How to make the bank risk control system ＂light＂ and speed up the road to change

The independent development of its own brand credit business has become an unavoidable "compulsory course" for licensed Financial Institution Groups.

Behind the digital transformation of finance, there are two "invisible forces" driving – momentum and pressure.

The driving force is mainly reflected in the fact that some licensed Financial Institution Groups that started first have enjoyed the value benefits brought by digital transformation. The pressure is mainly reflected in the intensive implementation of domestic financial regulatory policies in the past two years, which have put forward higher compliance requirements for the risk control ability, operation ability, system construction ability and data governance ability of licensed Financial Institution Groups, and promoted the "Matthew effect" of the industry.

"Ronghui Jinke’s mission is to help the licensed Financial Institution Group build an independent and controllable Internet credit risk control system." Si Mingcheng, general manager of Ronghui Jinke Platform Product Division and CRO of Personal Credit Business Division, told Yiou that this goal has never changed in the past five years. Now Ronghui Jinke has successfully helped many banks, gold and other top licensed Financial Institution Groups to complete the construction and iteration of risk management systems. The company’s reputation and customer reputation have always remained at the forefront of the industry.

Si Mingcheng graduated from Cass Business School in London and obtained a master’s degree in actuarial science. Previously, he worked in Baidu Finance and Zhongrong Life Insurance, and has rich practical experience in the construction of Internet financial risk management system and risk control system platform development. In our conversation with him, we found that in today’s diverse financial risk control needs and homogeneous solutions, the risk control system platform products he led the team to carefully build, the technical innovation and service concepts behind them are of great reference.

Hard core product innovation, deeply empower customer business value

"Based on past experience, we hope to help the Licensed Financial Institutions Group fully grasp the direction and requirements of digital transformation under the new supervision."

Si Mingcheng mentioned that Ronghui Jinke started the development of risk control system platform products when it launched the auxiliary operation business at the beginning of its establishment.

So far, Ronghui Jinke risk control system platform has formed a more comprehensive product matrix, including credit index management platform, asset quality monitoring platform, model monitoring management platform, data management platform, etc., deeply empowering the licensed Financial Institution Group to conduct multi-dimensional management of strategic models, information data, business monitoring, implementation processes, operational risks, etc. in all aspects of credit business, and comprehensively strengthen the management of self-operated business refinement and automation.

According to Si Mingcheng, the credit index management platform includes the whole process solution of PBC report analysis, core variable derivation, and variable management, which can help partners quickly derive six modules, ten categories, and tens of thousands of variables with business meaning. It has the characteristics of high differentiation, clear logic, and full utilization of information; at the same time, it also supports flexible configuration and management of variables, and the integrated processing variables of flow and batch fully ensure that the derived variables play an efficient value in risk control strategies and model applications.

(Some functional modules of the credit index management platform)

At the same time, in order to effectively deal with the unpredictable risks in the rapid development of business, the asset quality monitoring platform and the model monitoring management platform are respectively for the licensed Financial Institution Group in the form of consulting services + platform landing. The former helps partners to achieve real-time monitoring and early warning of the whole process of asset quality and business indicators, which can greatly save human resources costs, effectively reduce the non-performing rate, and ensure the quality of credit assets.

The latter is aimed at the full life cycle management of the model, that is, through automated real-time calculation and monitoring data, to achieve full-link monitoring of the model, to ensure the stability and effectiveness of the model, and to have configuration display and early warning functions, to strengthen the model of the licensed Financial Institution Group.

In the past two years, regulators have continued to encourage banks to strengthen their self-operated business and independent risk control capabilities, and many media have repeatedly reported the independent risk control problems of small and medium-sized banks. Si Mingcheng believes that banks and non-bank licensed Financial Institution Groups build their own risk control systems, which not only require a lot of resources and labor costs, but are expected to take five to ten years or even longer to complete.

Some industry experts stress that banking institutions must "grow" these capabilities from their own soil, rather than relying on ready-made solutions. Ronghui Jinke’s system platform product positioning coincides with this idea, that is, in a deeply empowered, white-box delivery model, the services provided are fully open to partners, helping them gradually build their own professional risk control team and independent risk management capabilities.

"In the depth of cooperation with many customers, we not only implement and deliver system platform products, but also provide a complete set of risk control solutions and actual business operation solutions, with equal emphasis on" fish "and" fishing "to maximize the value of the products themselves, so as to help cooperative customers to expand their business scale." Si Mingcheng revealed that under such a model and concept, Ronghui Jinke has started to standardize the output of risk control system platform products since the end of 2019. At present, nearly 20 leading banks, gold and other licensed Financial Institution Group system platform product benchmarking projects have been completed. Among them, the credit index management platform solution capability has reached the top three in the industry.

In addition, Si Mingcheng also pointed out that some licensed Financial Institution Groups such as banks have successively done some digital risk control construction, but they are often "chimney buildings", and system platform products can help the original "buildings" become a solid "foundation", helping institutions to promote their decision-making system from "blank filling of data elements" to "value-driven capability enhancement" on the basis of compliance.

Yiou learned that the credit index management platform implemented by Ronghui Jinke last year for many banks, licensed gold consumption, etc., helped banks and other banks to expand the derivative variable library at one time, greatly improved the efficiency of risk control model and strategy development, and helped banks and other banks to complete the construction and iteration of digital independent risk control "more quickly and cost-effectively".

Specifically, on the one hand, the platform provides a multi-dimensional and multi-level high-quality index library to help banks fully mine the effective information in credit reports and three-party data, and also provides a unified index management capability for the whole bank to achieve variable "one-time configuration management, all-bank shared application"; on the other hand, the platform supports variable efficient processing, and realizes front-end parameterization to configure variables and go online with one click.

"The entire project implementation cycle was very short, and the localization of the system was completed within a week, which greatly shortened the launch cycle of the platform application. Because of the smooth implementation of the first phase of the project, many customers have cooperated with us in the second phase to further help the industry improve the index processing capacity." Si Mingcheng recalled.

What makes Ronghui system platform products "stand out"

What really distinguishes Ronghui Jinke system platform products from the same type of products on the market is not just the product innovation.

Si Mingcheng said that Ronghui Jinke’s own deep "Party A advantages", unique "compound genes" and rich financial risk control "combat experience" provide a lot of first-mover advantages for system platform products.

On the one hand, Ronghui Jinke’s management and expert team have very rich experience in risk management and practical operation at home and abroad, and have practical experience in risk control system from zero to one, including product and system construction. At present, the risk control system platform products designed by Ronghui Jinke have undergone theoretical and practical two-factor authentication, which can well meet the actual needs of customers, achieve plug and play, and quickly solve business pain points.

In addition to that, the system platform product design follows a flexible and light-coupled approach, which can not only fully support the whole process of business operations, but also be modularized and configured according to customer needs, making it easy and convenient to connect with the customer’s own system and go online.

At the same time, the construction of the risk control system involves the overall planning of the digital transformation of the licensed Financial Institution Group. "We cooperate with our customers not only on the construction of risk control systems, but also in marketing customer acquisition, risk consulting and data management. Ronghui Jinke has mature and complete digital solutions and risk consulting solutions."

As mentioned above, compared with a single digital risk control solution output, Ronghui Jinke system platform products come with "supporting facilities", bringing Ronghui Jinke’s technological capabilities and profound accumulation in Internet credit business to the licensed Financial Institution Group, and also allowing the risk control system of the licensed Financial Institution Group to "take root and thrive" on its own soil.

On the other hand, Ronghui Jinke also has a product and technical team with strong combat effectiveness and in-depth customer concept, which can not only fully ensure product quality and customer experience, but also respond quickly to customer needs, solve and feedback customer problems in the first time, and ensure the stable operation of the business.

"For the platform products used in online risk control business, the processing performance of the system is also very important to customers." Siming Cheng revealed that, for example, the credit index management platform, we pay great attention to the scalability of variables from the source variable design. In the underlying technology implementation, the application of flexible parameter configuration method can complete the processing of ten thousand dimensional variables in about 100 milliseconds, which can meet the variable processing of hundreds of thousands of incoming parts every day. In terms of performance, it has been recognized by all cooperative customers.

Conclusion

"As the direction of supervision becomes clearer and clearer, from the current digital transformation of the industry, there is still a way to go for the Internet retail credit business of the Licensed Financial Institution Group to be transformed into self-operated business and independent risk control." In Si Mingcheng’s view, in the new situation of financial technology, risk management is more refined, and the Licensed Financial Institution Group, which has a complete, professional and systematic risk control system, will surely go more stable and faster in the fierce and healthy competition environment.

"Facing the future, what we need to do is to transform technological capabilities into core products and services, and deeply empower the licensed Financial Institution Group to complete the digital transformation. These capabilities are also a solid foundation to ensure the sustainable, healthy and compliance development of Ronghui Jinke’s business."

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Positioning more accurate？ Shouqi car-hailing map navigation upgrade

　　[Autohome Industry] The accuracy of map navigation largely determines the level of online car-hailing service. If the positioning is inaccurate, you may have to spend half a day looking for a car, which is time-consuming and expensive. On June 18, Shouqi announced a cooperation upgrade with Baidu Maps to further improve user travel efficiency.

Autohome

　　Whether the navigation map is good or not can be seen from three dimensions. First, positioning accuracy, inaccurate positioning will waste a lot of time for users; second, route planning, whether the optimal route can be recommended for users; third, trajectory correction, to prevent drivers from detouring and other situations.

　　The upgrade of the first car-hailing map focuses on the above three aspects. What’s more interesting is that passengers can choose their own route and modify their destination directly on the app. Passengers can dynamically adjust their travel plans according to the optimal route recommended by the map in real time.

Autohome

　　According to the data of the Prospective Industry Research Institute, in 2018, the top three mobile map market shares in China were Autonavi Maps (33%), Baidu Maps (32.7%), and Tencent Maps (15%). Autonavi Maps is owned by Ali, and the map market is also contested by BAT three companies. Like Autonavi, Baidu Maps also adopts an aggregation platform model. Strengthening cooperation with Shouqi about cars is also competing with Autonavi Maps.

　　When it comes to online car-hailing, of course, Didi cannot be ignored. In 2016, Didi established a map company "Dietu Technology" to conduct self-developed navigation map research and development. However, because it is not open to the public, ordinary users generally do not know much about it. On June 11, Chai Hua, the head of Didi Maps and the public transportation department, came forward to answer the question of the route planning of online car-hailing to the public. The competition for the map market is another dark battle for online car-hailing companies in the public eye.

Autohome

　　For users, the concern is whose map is more accurate. Whether you are in a car or driving by yourself, a good navigation map is indispensable. Which map do you think is better to use when you go out? (Text/Autohome Jiang Pingping)

On the evening of June 29, the highlights of the announcement： Luxi Chemical’s net profit in the first half of the year increased by more than 10 times

　　On the evening of June 29, a number of listed companies in Shanghai and Shenzhen issued announcements for investors’ reference:

　　Major Announcements > > >

　　CITIC Construction Investment: Signed a financial technology strategic cooperation agreement with Tencent

　　() Announcement on the evening of June 29, the company and Tencent signed a financial technology strategic cooperation agreement in a remote manner on the same day. The two sides will carry out specific cooperation in financial technology, financial business, user service, online investment and education base construction, financial technology team building, etc., and work together to expand the leading edge in related fields; through the development of financial technology innovation experiments, provide customized, point-by-point, digital system solutions, and form a data-driven and business linkage operation model to promote the common development and long-term win-win situation of both parties in the field of financial technology.

　　Hillhouse, UBS AG and J.P. Morgan participated in the investment

　　On the evening of June 29, () disclosed the report on the issuance of shares to specific objects in 2020, determined that the issuance price was 58 yuan/share, the number of shares issued was 36.7322 million, and the total proceeds raised was about 2.13 billion yuan. The issuance objects were finally determined to be 12, including Hillhouse, UBS AG and J.P. Morgan.

　　Suning.com: At present, the parties to the transaction have not signed a formal transaction agreement, and the stock continues to be suspended

　　() On the evening of June 29, it was announced that the company was planning to issue shares to purchase assets. The assets to be purchased this time are the equity of the project company held by Shenzhen Venture Capital Sunyunxin Private Investment Fund. The specific scope of the project company is still under discussion. As of the disclosure date of the announcement, the parties to the transaction have not signed a formal transaction agreement, and the company and relevant parties are organizing and promoting the relevant work of this transaction. The company’s shares continue to be suspended.

　　Runhe Software: Reports suggesting that the relevant suppliers are suspected to be listed companies or companies controlled by controlling shareholders are not true

　　() Reply to the Shenzhen Stock Exchange’s letter of concern on the evening of June 29: After verification by the company, the report implying that the relevant suppliers are suspected to be listed companies or enterprises controlled by controlling shareholders is not true, and the suppliers who are occupied by Runhe Investment have no affiliation or other interests with listed companies, directors, supervisors, and senior executives, controlling shareholders Runhe Investment, and the company’s previous information disclosure is true, accurate and complete.

　　China Great Wall: plans to spin off the holding company Great Wall information growth enterprises market listing

　　() On the evening of June 29th, the company plans to spin off its subordinate holding company () joint stock company growth enterprises market listing, authorizing the company’s management team to start the preliminary preparations for the spin-off of the Great Wall information growth enterprises market listing.

　　Two-board Zhongheng Group: Subsidiary Baijiu business Smaller company has no plans to transform into Baijiu business

　　On the evening of the 29th, the company’s wholly-owned subsidiary Shuangqian Industrial’s main business is food production, food management, etc. Baijiu business is not the main business. From January to May 2021, the subsidiary Baijiu products only achieved operating income of 3.99 million yuan and realized profit of 890,000 yuan. The scale is small, accounting for a very small proportion of the revenue and profit of the listed company. The company has not invested in the construction of Baijiu production plants, has not acquired the equity of Baijiu production enterprises, and does not have the technology, personnel and capabilities to produce Baijiu by itself. The company’s current main business is pharmaceutical manufacturing, which has not changed, and there is no plan to transform to Baijiu business.

　　Two-board Kelier: The company’s industrial control department has officially become a Huawei supplier, but the current proportion of related business is small

　　The company’s industrial control division has officially become a Huawei supplier, and the company’s servo series products have been applied to Apple mobile phone production equipment and testing equipment. However, the related business currently accounts for a small proportion of the company’s overall business and has not yet had a significant impact on the company’s operating results. There are no major matters about the company that should be disclosed but not disclosed, nor are there any major matters in the planning stage.

　　Performance > > >

　　(): The first half of the pre-profit 2.55 billion yuan – 2.65 billion yuan, an increase of 1027.88% -1072.11%

　　Luxi Chemical disclosed its semi-annual performance forecast on the evening of June 29. The company’s pre-profit was 2.55 billion yuan – 2.65 billion yuan, an increase of 1027.88% -1072.11% year-on-year. During the reporting period, the company seized market opportunities, gave full play to the advantages of park integration, and maintained the production capacity of major chemical products. Prices of major chemical products increased significantly year-on-year, achieving a significant increase in performance.

　　Ming Microelectronics: Net profit in the first half of the year increased by 832% -936% year-on-year.

　　Ming Microelectronics (688699) announced on the evening of June 29 that it is expected that the net profit in the first half of 2021 will be 270 million yuan to 300 million yuan, an increase of 832.38% to 935.98% year-on-year. In the first half of the year, the upstream production capacity of the company’s industry is still tight, and the demand in the downstream application field is strong. The company realizes the increase in sales of original products while the new products are continuously listed in batches. The company strives to expand upstream suppliers under the tight situation of wafer foundries, and realizes product upgrades by continuously improving R & D capabilities, effectively shortening the conversion cycle of chips between different wafer foundries.

　　Benxi steel sheet: the first half of the pre-profit of about 2.20 billion yuan, an increase of about 764%

　　() On the evening of June 29, the semi-annual performance forecast was disclosed, and the company’s pre-profit was about 2.20 billion yuan, an increase of about 764% year-on-year. During the reporting period, the company seized the favorable opportunity of the recovery of the steel market and carried out a series of fruitful work in production operation, marketing, Facility Management and other aspects.

　　Dongfang Bio: Net profit in the first half of the year increased by 469% -574% year-on-year

　　Dongfang Bio (688298) announced on the evening of June 29 that it is expected that the net profit in the first half of 2021 will be 2.98 billion yuan to 3.53 billion yuan, an increase of 468.76% to 573.73% year-on-year. Affected by the global COVID-19 pandemic in the first half of the year, the company’s novel coronavirus antigen rapid detection test strip (colloidal gold) continues to invest in the global COVID-19 pandemic prevention and control business, in line with the global epidemic detection product demand; the company’s COVID-19 detection reagent sales continue to make major breakthroughs, and the original business maintains stable growth.

　　Xinyuan Micro: Net profit in the first half of the year increased by 399% -543% year-on-year

　　Core Source Micro (688037) announced on the evening of June 29 that it is expected that the net profit in the first half of 2021 will be 31 million yuan to 40 million yuan, an increase of 398.59% to 543.35% year-on-year. During the reporting period, the prosperity of the semiconductor industry continued to improve, and the company’s sales orders increased significantly compared with the same period last year. The company’s revenue in the fields of integrated circuit front wafer processing, back advanced packaging, compounds, MEMS, LED chip manufacturing and other fields has increased significantly. The operating income in the first half of 2021 is expected to exceed 320 million yuan, basically reaching the level of last year.

　　Tongfu Microelectronics: Pre-earnings of 370 million yuan – 420 million yuan in the first half of the year, an increase of 232% – 277%

　　() On the evening of June 29, the company disclosed its semi-annual results forecast, with a profit of 370 million yuan to 420 million yuan, an increase of 232.00% to 276.87% year-on-year. In the first half of 2021, semiconductor packaging and testing capacity continued to remain in short supply. The company’s business in high-performance computing, 5G, memory, display driver chips and automotive electronics is progressing smoothly, and its operating income continues to expand.

　　China Jushi: Net profit forecast to increase by 200% -250% in the first half of the year

　　() On the evening of June 29, the company announced that the net profit realized in the first half of 2021 is expected to increase by 200% to 250% compared with the same period of the previous year. The company’s profit in the same period of the previous year was 762 million yuan. In the first half of the year, with the weakening impact of the epidemic, the demand for major domestic glass fiber downstream application fields was strong, and the export sales of glass fiber products also improved significantly. The volume and price of the company’s roving products rose simultaneously, and the price of electronic cloth rose sharply. At the same time, the company actively adjusted the production capacity structure and product structure, and the comprehensive cost continued to decline, laying a good foundation for

　　Zhengye Technology: The first half of the pre-profit 157 million yuan – 172 million yuan, an increase of 215% -245%

　　() On the evening of June 29, the company disclosed the semi-annual performance forecast, and the company’s pre-profit was 157 million yuan – 172 million yuan, an increase of 215% – 245% year-on-year. During the reporting period, the company focused on the development strategy of "industrial testing intelligent equipment" and realized a steady improvement in the quality of business development. As of June 28, 2021, the company had orders in hand of about 696 million yuan; among them, benefiting from the high prosperity of the new energy industry, the order amount of lithium battery detection automation business was about 421 million yuan.

　　Yangjie Technology: The first half of the pre-profit 317 million yuan – 361 million yuan, an increase of 120% -150%

　　() On the evening of June 29, the semi-annual performance forecast was disclosed, and the company’s pre-profit was 317 million yuan – 361 million yuan, an increase of 120% -150% year-on-year. In 2021, the economy will recover, and the domestic substitution of power semiconductors will accelerate, and the state will introduce favorable policies for the new energy industry. The company conforms to the market environment, improves capacity utilization, actively expands market share, and realizes full production and full sales. Sales revenue increased by more than 70% year-on-year. The performance of MOS, small signal, IGBT and modules all increased by more than 100% year-on-year.

　　Jingshan Light Machinery: The first half of the year, the pre-profit 100 million yuan – 120 million yuan, an increase of 75.97% -111.16%

　　() On the evening of June 29, the semi-annual performance forecast was disclosed, and the company’s pre-profit was 100 million yuan – 120 million yuan, an increase of 75.97% -111.16% year-on-year. During the reporting period, the rapid development of the company’s two core main businesses (photovoltaic intelligent complete equipment business and intelligent packaging complete equipment business) directly led to the improvement of profitability.

　　Jimi Technology: Net profit in the first half of the year increased by 94% year-on-year

　　Extreme Rice Technology (688696) announced on the evening of June 29 that it is expected that the net profit in the first half of 2021 will be 189 million yuan, an increase of 94% year-on-year. The company’s product market performed well in the first half of the year, and sales continued to grow, driving revenue growth; at the same time, the company’s product self-developed light probability and product pricing strategy drove gross profit margin.

　　Ningbo Huaxiang: the first half of the profit of 614 million yuan – 711 million yuan, an increase of 90% – 120%

　　() On the evening of June 29, the semi-annual performance forecast was disclosed, and the company’s pre-profit was 614 million yuan-711 million yuan, an increase of 90%-120% year-on-year. In the first half of 2020, due to the impact of the COVID-19 pandemic, the company’s domestic and foreign business development was affected to varying degrees, and the performance base was relatively low. During the reporting period, although the overall "lack of cores" in the industry had a certain impact on the company’s operations, a good customer structure and response measures made the impact manageable, and the company’s operating income and profits continued to grow.

　　Gold Molybdenum Shares: Net profit in the first half of the year increased by 78% -101% year-on-year

　　() Announcement on the evening of June 29, it is expected that the net profit in the first half of 2021 will be between 225 million yuan and 255 million yuan, an increase of about 78% to 101% year-on-year. During the reporting period, the price of molybdenum at home and abroad rose year-on-year. The company continued to strengthen value maximization management, further optimize product sales structure, and continuously strengthen cost control. The effect of lean management gradually appeared, and the profitability of products was effectively improved.

　　Bairun Shares: Net profit in the first half of the year increased by 65% -80% year-on-year.

　　() Announcement on the evening of June 29, it is expected that the net profit in the first half of 2021 will be 350 million yuan – 382 million yuan, an increase of 65% -80% year-on-year. During the reporting period, the company’s pre-prepared cocktail business and flavor and fragrance business sales revenue grew rapidly year-on-year, and operating profit and net profit increased significantly accordingly.

　　Hongchuan wisdom: the first half of the pre-profit 129 million yuan – 147 million yuan, an increase of 50% -70%

　　() On the evening of **** 29, the semi-annual performance forecast was disclosed, and the company’s pre-profit was 129 million yuan to 147 million yuan, an increase of 50% to 70% year-on-year. During the reporting period, the company relied on its existing operating advantages, the development trend of its main business was good, and its profitability continued to increase. During the reporting period, the company’s smart customer service, **** washing and sewage treatment services continued to improve.

　　Zhenbao Island: Net profit in the first half of the year increased by 30% -51% year-on-year

　　() Announcement on the evening of June 29th, it is expected that the net profit in the first half of 2021 will be 240 million yuan to 278 million yuan, an increase of 30.13% to 50.54% year-on-year. The growth is mainly due to the company’s use of the advantages of the whole industrial chain of traditional Chinese medicine to promote the layout of the authentic medicinal material resources industry, establish a professional market for traditional Chinese medicinal materials (smart medicine market), build a third-party trading platform for traditional Chinese medicinal materials, combine the physical market with the online market, and form strategic alliances with medicinal material growers, traders and manufacturers to expand the scale of Chinese medicinal materials trade.

　　Wanda Film: the first half of the pre-profit 620 million yuan – 680 million yuan, year-on-year losses

　　() On the evening of June 29, the semi-annual performance forecast was disclosed, and the company’s pre-profit was 620 million yuan – 680 million yuan, a year-on-year turnaround. As of June 27, 2021, the national total box office was 24.91 billion yuan (excluding service fees), the number of people watching the movie was 680 million, the company achieved 3.53 billion yuan at the box office, and the number of people watching the movie was 91.25 million. The growth rate was higher than the domestic market level. The company’s cinemas (including concessions) had a cumulative market share of 15% from January to June, maintaining a relatively obvious increase.

　　Increase and decrease holdings > > >

　　Rock Shares: Controlling Shareholders and Associates Increase 4.08% of the Company’s Shares

　　() Announcement on the evening of June 29, as of now, the controlling shareholder Guijiu Development and its concerted actors Shanghai Hongchu, Shanghai Hongqian, and Wuniu Fund have cumulatively increased their holdings of the company’s shares 13.63 million shares, accounting for 4.08% of the company’s total shares. The above changes in equity have not resulted in changes in the company’s controlling shareholders and actual controllers.

　　Chuanyi Technology: The actual controller reduced its stake by 1.53%

　　() On the evening of June 29, Zou Weimin, the controlling shareholder and the actual controller, reduced his holdings through the Shenzhen Stock Exchange block trade on June 28, reducing his holdings of the company’s shares 4.38 million shares, accounting for 1.53% of the company’s current total share capital, more than 1%.

　　Qitian Technology: Shareholders plan to reduce their holdings of the company by no more than 1%

　　() On the evening of June 29th, the 8.07% shareholder Bosera Capital-Cornette 2 special project asset management plan plans to reduce the company’s shares by centralized bidding within 3 months after 15 trading days, not more than 6.5899 million shares, not more than 1% of the company’s total share capital.

　　Others > > >

　　Anhui Heli: 1 billion yuan investment to build Bengbu hydraulic expansion and intelligent manufacturing base construction project

　　() On the evening of June 29th, the wholly-owned subsidiary Bengbu Hydraulic plans to purchase about 306 mu of land in Bengbu Longzihu District High-speed Railway Industry and Trade Park, and plans to invest in the construction of Bengbu Hydraulic Machinery Co., Ltd. expansion and intelligent manufacturing base construction projects. The project is expected to invest about 1 billion yuan, mainly including the research and development of core components such as industrial vehicle oil cylinders and intelligent manufacturing construction.

　　Jiaheng Jiahua: Plans to invest 680 million yuan to build a production base for cosmetics and home care products

　　() On the evening of June 29th, in order to accelerate the company’s development and meet the needs of business development for business land, Huzhou Jiaheng, a wholly-owned subsidiary of the company, intends to sign an investment cooperation agreement with the people’s government of Lianshi Town, Nanxun District, Huzhou City. The company intends to invest in the construction of cosmetics and home care products production bases on the south side of Rujiadian Road and the east side of the three-high connection line in Lianshi High-tech Park. The total investment of the project is expected to be no less than 680 million yuan. After the project is put into operation, the annual output value will be no less than 700 million yuan, and the tax will not be less than 41.50 million yuan.

　　Cangzhou Pearl: It is planned to build a high-barrier nylon film project with an annual output of 38,000 tons, with a total investment of 445 million yuan

　　() On the evening of June 29, the company announced that it plans to invest in the construction of the "high-barrier nylon film project with an annual output of 38,000 tons" in Cangzhou City, Hebei Province. The total investment amount of the project is 445 million yuan, and the main investment is to build 2 high-barrier nylon film (BOPA film) production lines for the production of BOPA film products.

　　Rishang Group: The subsidiary plans to invest in the construction of metal processing and lightweight wheel projects with a total investment of about 370 million yuan

　　() On the evening of June 29th, Hebei Rishang, a wholly-owned subsidiary, signed an investment agreement with the Management Committee of Caofeidian Iron and Steel Power Park. Hebei Rishang plans to invest in the construction of metal processing and lightweight wheel projects in the park. The total investment of the project is about 370 million yuan, and the total area of the project is about 213 mu. It is mainly used for steel leveling, blanking processing and steel wheel production. The project adopts the overall planning and step-by-step implementation investment method. The investment period is 3-5 years. After the project is completed, it is expected to realize the annual steel leveling and blanking processing capacity of about 180,000 tons, and the annual steel wheel output is about 4.70 million.

　　GEM: Subsidiary company invests in the construction of a battery-grade high-purity nickel-cobalt salt crystal project with an annual output of 100,000 tons

　　() On the evening of June 29th, the company’s wholly-owned subsidiary GEM (Jingmen) High Purity Chemical Materials Co., Ltd. will invest 310 million yuan to build an annual output of 100,000 tons of battery-grade high-purity nickel-cobalt salt crystals (33,000 tons of battery-grade high-purity nickel sulfate crystals, 33,000 tons of battery-grade high-purity cobalt sulfate crystals, 33,000 tons of cobalt chloride crystals) project production line and supporting environmental engineering facilities, the project construction period is 9 months.

Lynk & Co 01 PHEV is about to attract a new model, with large space and low price

For example, this car is often mentioned as a space issue. Now let’s follow the editor to see what it does.

First of all, from the appearance, the front face style of Lynk & Co 01 PHEV looks more cold and memorable. With headlights, the details are exquisite. The car is equipped with LED daytime running lights, automatic opening and closing, adaptive far and near light, automatic steering, delayed closing, etc. Come to the side of the car, the body size of the car is 4549MM*1860MM*1689MM, the car adopts cool lines, the side circumference shows a young personality design style, with large-sized thick-walled tires, smooth lines run through the entire side of the car. Looking back, the overall shape of the rear of the car echoes the front face, the taillights look very deep, and the overall shape is still very durable.

Sitting in the car, the interior shape has taken a delicate route, and the overall visual effect is very distinctive. The appearance of the steering wheel of the car looks very good. It is equipped with functions such as manual up and down + front and rear adjustment of the steering wheel, steering wheel heating, etc., and the grip is full and delicate. Let’s take a look at the central control. The car is decorated with an avant-garde touch LCD central control screen, which makes the interior design quite layered and in line with the mainstream aesthetic. The dashboard and seats are also eye-catching. The car is equipped with a spiritual dashboard, which looks very personalized. The car uses leather/fur material mixed and matched seats, and the seats are wrapped in place, further improving the comfort of the driver and occupant.

The car is equipped with vehicle to everything, driving mode selection, remote control key, Bluetooth key, rear wipers, interior ambient lights and other configurations, and the configuration has reached the mainstream level of the same level.

After reading the full text, what are your main impressions of this car? The Lynk & Co 01 PHEV introduced today is not only eye-catching in terms of space, but also has reached the mainstream level in various configurations, and the driving experience and space experience are nothing to be discerned.

Joint report of transfer and e-chauffeur： More than 40% of chauffeur drivers are or plan to use second-hand mobile phones to receive orders

　　On June 29, Huanzhuan and e-Driver jointly released the "Driver’s Machine and Replacement Demand Report" (hereinafter referred to as the "Huanzhuan and e-Driver Joint Report"), through a survey of nearly 1,500 drivers, to gain a deeper understanding of the mobile phone usage habits and replacement needs and preferences of the driver group.

　　According to the joint report of Huanzhuan and e-driver, due to the high dependence on mobile phones in life and work, nearly 60% of the chauffeurs own more than two mobile phones, which is a typical dual-phone crowd, and 20% of them are already using second-hand mobile phones. In terms of replacement demand, the replacement frequency of chauffeurs is concentrated in 1-3 years, and they are more willing to choose mobile phones with a price of 1,000 to 3,000 yuan. Huawei has become the most popular mobile phone brand. In addition, more than 20% of chauffeurs are planning to exchange for more cost-effective second-hand mobile phones; and when buying second-hand mobile phones, more than 40% will choose such second-hand trading platforms as Huanzhuan; they generally pay attention to the functions and quality of mobile phones, and pay the most attention to the inspection and quality assurance services provided by the platform.

　　Low-tier market demand is strong, and nearly half of the driving brothers are post-90s

　　With the effective control of the epidemic, production and life across the country have resumed one after another, including offline catering, leisure and other consumer formats have recovered, and to a certain extent, the demand for services such as driving has also been raised.

　　According to the joint report of Zhuan Zhuan and e-driving, compared with first-tier cities such as Beijing and Shanghai, Hangzhou, Nanjing, Chengdu and other second- and third-tier cities have increased their demand for driving in epidemic prevention and control so far. More than 60% of the drivers who actively receive orders come from cities outside the first- and second-tier cities.

　　At present, the domestic driver group is showing a younger trend, with a concentrated age distribution between 22 and 40 years old, of which 22-30 years old account for 44.59%.

　　The survey data shows that the current income of chauffeur groups is generally concentrated between 3,000 and 5,000 yuan.

　　This part of the population is highly consistent with the characteristics of the main user population of the Huanzhuan platform. According to the data of the Huanzhuan platform, in recent years, second-hand transactions have gradually "sunk" from first- and second-tier cities to third-, fourth- and fifth-tier cities, and young users have become the main consumer groups. Among them, second-hand mobile phone transactions are particularly obvious.

　　Analysts at the Zhuan Strategic Research Department said that in third- and fourth-tier cities, the monthly income of 3,000 to 5,000 yuan is a medium level. Considering that the work of chauffeur is relatively hard, and the rigid needs of buying a house, getting married and having children, etc., it is an important characteristic of this group to be careful in life.

　　Replace the machine in one to two years, and the budget for replacement of more than 70% does not exceed 3,000 yuan

　　According to the joint report of Huanzhuan and e-chauffeur, 59.2% of the nearly 1,500 chauffeur drivers interviewed own more than two mobile phones, making them a typical dual-machine population. Work, entertainment, and shopping have become the main needs of this group.

　　Due to high-frequency usage, 40% of drivers will change their mobile phones within 1-2 years, and another 43.03% will change their phones within 2-3 years. However, looking at the demand for mobile phones, more than 70% of drivers will choose mobile phones priced at 1000-3000 yuan.

　　It is not difficult to see that the replacement frequency of the chauffeur is high, but the replacement budget is low. Analysts from the Huanzhuan Strategy Research Department said that second-hand mobile phones can also perfectly support functional needs such as receiving orders, entertainment, and shopping, and the price is more suitable. For example, the 6 + 64G Huawei P20 Pro, with a transaction price of about 1000-1500 yuan on Huanzhuan, can smoothly run mainstream APPs, games, etc., which can fully meet the needs of chauffeur drivers. It is worth noting that 20% of the surveyed chauffeur drivers are already using second-hand mobile phones, which also shows that this part of the group attaches great importance to cost performance.

　　Drivers are mostly "pollen", and they still love Huawei most when changing mobile phones.

　　Mobile phones are a must-have item for chauffeurs to receive orders. When redeeming, chauffeurs not only value the cost performance of mobile phones, but also have a great preference for the choice of mobile phone brands. From the mobile phones used to receive orders, nearly half of chauffeurs are "pollen". Among them, 38.85% of drivers use Huawei mobile phones, and another 7.38% use Honor. In addition, the second and third most commonly used mobile phone brands are OPPO and Apple respectively.

　　This is also consistent with the quarterly mobile phone market report data released by Huanzhuan. According to the data of Huanzhuan platform, male users are more accepting of Huawei mobile phones than female users prefer iPhone, and Huawei is also the most popular Android mobile phone brand in the second-hand market.

　　Analysts from the Research Department of Huanzhuan Strategy said that Huawei’s appearance and performance are more in line with male usage habits, and most of the drivers are male drivers, and Huawei’s preference for mobile phone brands can be seen in Huawei’s more than Apple. Take Huawei’s high-end mobile phone Mate series as an example, which is positioned as a business machine and has high stability. The price of the next new model in the second-hand market is only half of that of the new model. Both practicality and price are very suitable for the needs of the driver group. In addition, OPPO pays attention to the development of offline stores, and Apple’s strong iOS ecology has also allowed its own brand to gain higher attention.

　　In the channel of purchasing mobile phones, drivers have a more balanced choice between online and offline, with Internet e-commerce platforms and mobile phone brand stores accounting for 47.58% and 44.59% respectively.

　　In this regard, analysts from the Huanzhuan Strategic Research Department said that, on the one hand, mobile phone offline stores in third- and fourth-tier cities are indeed widely laid, becoming one of the main channels for people to buy mobile phones; on the other hand, chauffeurs are mostly between the ages of 20 and 40, and the acceptance of online e-commerce platforms is also high, and the demand for online shopping is also very strong.

　　Inspection, quality assurance is indispensable, nearly 40% of drivers buy second-hand mobile phones to choose transfer

　　In addition to the 20% of the interviewed driver drivers who are already using second-hand mobile phones, the survey data of the joint report of Zhuan Zhuan and e-driver also shows that more than 20% of the respondents said they plan to buy second-hand mobile phones when changing mobile phones.

　　36.09% of chauffeurs who plan to buy a second-hand mobile phone will choose a second-hand platform like Huanzhuan to buy it. People value the function of a second-hand mobile phone more, followed by the brand and price. In addition, 40.19% of chauffeurs buy old mobile phones from real-world friends.

　　In this regard, analysts from the Research Department of Huanzhuan Strategy also said that the current offline proportion of second-hand mobile phone transactions is higher, many of which occur in the WeChat community and acquaintances, and the online rate accounts for only about 20%. However, with the growth of online shopping demand and the rapid development of online platforms, especially platforms like Huanzhuan that can provide contract fulfillment services, will bring more choices to second-hand mobile phone consumers, including chauffeurs.

　　According to the survey data, when purchasing second-hand mobile phones, the driver is most worried about quality, followed by after-sales guarantee and mobile phone pricing issues, and very much hope that the platform can provide inspection quality inspection and after-sales quality assurance services.

　　Since the beginning of the launch, we have taken the lead in launching machine inspection and quality assurance services in the industry, and quickly formed generally recognized quality inspection and service standards in the industry.

　　At present, Huanzhuan provides 66 major professional quality inspections for second-hand mobile phones traded on the platform. The proportion of platform mobile phone transaction orders choosing inspection services has exceeded 90%; in addition, the platform’s self-operated second-hand mobile phones also provide one-year quality assurance. This also means that the quality inspection and quality assurance services provided by the Huanzhuan platform are recognized by more and more users, and can fully meet the replacement needs of consumers, including chauffeurs. Many interviewed chauffeurs also said that the inspection and quality inspection services provided by Huanzhuan can significantly improve their trust in buying second-hand mobile phones, and after-sales services also make them feel more secure.

　　Online and offline businesses are working together to promote consumption and boost the economy

　　As of May 15, the total output value of the national driving market in 2020 has exceeded 3.20 billion and is in a period of rapid development. Founded in 2011, e-driving is committed to providing high-quality, safe, fast and cost-effective driving services. Users can initiate drunk driving, valet parking, door-to-door pickup and delivery, exclusive services for female drivers, business driving, travel driving and other needs through e-driving. At present, e-driving has more than 500,000 registered cooperative drivers nationwide, with an average driving age of more than 13.43 years, covering more than 400 cities such as Beijing, Shanghai, Guangzhou and Shenzhen.

　　For drivers whose daily income is mainly concentrated in the range of 3,000 to 5,000 yuan and who rely heavily on mobile phones for work, second-hand mobile phones are undoubtedly more cost-effective.

　　As a comprehensive second-hand trading platform known for second-hand mobile phone transactions, Huanzhuan is committed to providing reliable performance services, including machine inspection and quality inspection, to all consumers, including chauffeurs, through the establishment of a standardized service system, so that everyone can buy and sell second-hand with more confidence and worry, meeting the diverse consumer needs, and becoming an emerging force to boost economic development.

　　At present, the transfer business has covered more than 2,000 counties and cities across the country, and the demand for second-hand transactions in the lower-tier market represented by third-, fourth- and fifth-tier cities is growing rapidly.

　　The latest "transfer & find beautiful machine joint 618" battle report data released by the transfer group also shows that during the entire 618 promotion period from 8:00 pm on May 31 to 24:00 on June 18, the B2C transaction volume of the transfer group exceeded 357 million yuan, and the payment transaction exceeded 207,000 orders. A total of more than 180,000 mobile phones were sold.

　　It is worth noting that during the "peak 28 hours" from 8:00 pm on June 17 to 24:00 on June 18, the B2C business of Huanzhuan Group sold 1 mobile phone every 1.7 seconds. During the 618 promotion period, the top 5 cities where buyers were located were Shenzhen, Guangzhou, Chongqing, Beijing and Dongguan; in addition, third- and fourth-tier cities such as Foshan and Ganzhou also entered the top 10.

Is Didi Chuxing’s acquisition of Uber China suspected of being a monopoly？

　　Last week, rumors of Didi buying Uber China spread one after another. Yesterday, the news was officially confirmed. Didi Chuxing announced yesterday that it will acquire all the assets of Uber China in the Chinese mainland, including brand, business, data and so on. At the same time, Uber China will become the largest shareholder of Didi, holding a 20% stake in the merged company.

　　Yesterday, Didi Chuxing announced a strategic agreement with Uber Global, and Didi Chuxing will acquire Uber China’s brand, business, data and other assets to operate in the Chinese mainland.

　　event

　　Uber China will become Didi’s largest shareholder

　　After the strategic agreement, Didi Chuxing and Uber Global will hold each other’s shares as minority shareholders. Uber Global will hold a 5.89% stake in Didi, equivalent to a 17.7% economic interest. Uber China will acquire a 20% stake in the combined company and become the largest shareholder of Didi Chuxing.

　　In terms of human resources, Cheng Wei, founder and chairperson of Didi Chuxing, will join Uber’s global board of directors. Uber founder Travis Kalanick will also join Didi Chuxing’s board of directors. At the same time, the two teams will be integrated by Didi, sharing resources in user resources, online and offline operations and marketing and promotion.

　　In terms of operation, in the future, Uber China will maintain the independence of its brand and operation, which means that Uber’s brand and system will not disappear, and drivers and passengers can still use the travel services provided by Uber. At the same time, Didi Chuxing said that it will advocate internal competition and mutual promotion. Didi said that in the future, it will launch more refined and diversified services to meet consumers’ increasingly rich travel needs and continue to increase drivers’ income. This means that in addition to the functions currently provided by Didi such as special cars, taxis, ride-hailing, chauffeur driving, test driving, and public transportation, Didi will also launch more forms and content services in the future.

　　Cheng Wei, founder and CEO of Didi Chuxing, said that in the past two years or so, Didi Chuxing and Uber have been competing and learning from each other in the field of innovation in China. As a technology leader rooted in China, Didi Chuxing hopes to continuously promote technological innovation and change the future of human transportation. The cooperation with Uber will enable the entire mobile transportation industry to move towards a healthier, more orderly and higher-level development stage.

　　reason

　　Why did Didi and Uber merge?

　　Management compromises with capital markets

　　According to foreign media reports, the merger is led by investors from both sides. At present, the two sides have BlackRock, Hillhouse Capital, Tiger Fund, and China Life. Four joint investors, especially Tiger Fund and Hillhouse Capital, which are both investors, play a crucial role in it. It is not so much that Uber’s global management chose to end the war in the Chinese market through the merger, but rather to compromise with capital markets in order to protect its global business. Uber previously planned to invest another 1 billion US dollars in the Chinese market to "burn money", but investors blocked this plan. Uber’s investors hope that the management will end the costly battle with Didi in China. According to reports, Uber’s founders initially opposed the merger plan, but eventually had to compromise with investors.

　　No matter who is leading, the move is intended to end the "cash burning" of both parties, especially Uber China, while also helping Uber China better integrate into the Chinese market is a common view in the industry. In an open letter yesterday, Uber founder Travis Kalanick said: "As an entrepreneur, I have learned that success is not only about following your heart as much as possible, but also trying to follow your reason. Continuing to provide services to Chinese cities and drivers and users who depend on Uber is only possible if it is profitable." This represents Uber’s current state of continuous loss and cash burning, which is also the most important reason for the merger.

　　Can’t Uber China’s money burn?

　　Wang Ruchen, an Internet analyst and founder of Quark Media, said that Uber can no longer burn money in China. Uber and Didi have invested a lot of money to compete in the development of the past few years. At the current stage, they have burned several rounds. Since June 2014, they have raised a total of 11.50 billion yuan. Investors are facing the problem of liquidity, so "shaking hands and making peace" is inevitable. At the same time, there is also a very important reason. The current situation and problems encountered by multinational Internet companies in China are actually more than they imagined before entering China. Foreign companies believe more in the penetration of technology and systems, but in fact, the Chinese market needs more manpower, landing, implementation, etc. When Uber first entered China, it had a team of less than 10 people. Now, although it has grown to 800 people, its ability to reach offline is still very weak compared with Didi’s 5,000 people. In the future, cross-regional development will have cross-regional integration, which is a trend and inevitable.

　　Internet observer Luo Chao said in an interview with the Beijing Youth Daily reporter that Uber’s poor performance in China is an important reason. Very few international giants have succeeded in localizing in China, and Uber is no exception.

　　Ride-hailing guidelines put pressure on Uber China

　　Last week, the "Guiding Opinions on Deepening Reform and Promoting the Healthy Development of the Taxi Industry" and "Interim Measures for the Administration of Online Booking Taxi Business Services" were promulgated. Online car-hailing became legal, which means that Didi, which has implemented the policy of "affiliated operating company", is the biggest beneficiary of the new policy. Uber China, which has always been connected to the platform by private cars, obviously needs to change its business model to better adapt to the new regulations, which also brings a lot of pressure to Uber China. In its response yesterday, Didi also said that Didi will work closely with regulators to continuously cultivate the market; create a healthy and orderly industry ecology, and make more positive contributions to China’s economic growth and employment transformation.

　　impact

　　"Suspected monopoly" is mentioned again

　　After the merger of the two, what will be the impact on the travel sector? Analysys analyst Zhang Xu believes that the current active user coverage of Didi Chuxing and Uber China in China’s private car market occupies the top two positions respectively. After Didi Chuxing acquires Uber China, the private car market landscape will usher in great changes, oligopoly will be further enhanced, and market competition will enter a new stage. For other private car manufacturers, competitive pressure will further increase, and force competing companies to accelerate product and service innovation to increase user volume and enhance existing active user stickiness.

　　The oligopolization of the special car market is imminent

　　It is also reported that Didi and Uber China have not yet declared their merger intentions to the relevant departments. Previously, other competitors raised the issue of "suspected monopoly" during the merger of Didi and Kuaidi, but Didi responded at the time that the market share has not yet reached the monopoly requirement. Now that Didi is growing bigger and bigger, the term "suspected monopoly" has been mentioned again.

　　In this regard, Zhang Xu believes that the market that the two have penetrated is a completely competitive market. In the Chinese car market, in addition to Didi Chuxing and Uber China, there are still many players such as Yidao, Shenzhou Special Car, and Shouqi Car-hailing, and all places are eager to try to establish local online car-hailing platforms. Take Yidao and Shenzhou Special Car as an example. In the past year or so, they have invested a lot of energy and have also pulled up a lot of orders for them in terms of increasing subsidies and expanding users. That is to say, in this fully competitive market, each company has considerable strength. In the face of so many competitors, no one dares to cancel subsidies and raise prices lightly. But at the same time, the penetration rate of private car travel among urban residents is still at a low level. After Didi Chuxing acquired Uber China, it still needs to invest a lot of resources in the private car travel market to carry out "Internet +" reform of traditional travel. Didi Chuxing’s acquisition of Uber China has not yet formed a monopoly situation, but the oligopoly of the private car market is on the horizon.

　　China Car Rental shares fell nearly 4%.

　　But there are also opposition voices that believe that the merger of Didi and Uber China will undoubtedly be a huge loss for users. Internet observer Ge Jia told the Beijing Youth Daily that the merged company will control the vast majority of the online car-hailing market, forming a de facto monopoly pattern, and then choose the opportunity to use this monopoly position to pose a threat to the interests of ordinary users.

　　The monopoly of private car service is different from the monopoly of ordinary business. It is a business with public attributes and has a strong public service nature. I hope the regulatory authorities can deeply understand the difference between this merger case and previous cases. In the approval process, they will no longer be lenient. It is necessary to evaluate the possible impact on ordinary users in detail, and make their own final decision based on the choice to protect the interests of consumers. For consumers, monopoly is ultimately a bad thing. It is unrealistic to simply hope for policy supervision and protection. Always be prepared to vote with your feet is king.

　　Yesterday, after the news of the merger between Didi and Uber China broke, the newly listed China Car Rental fell by nearly 4%, which also represents the market’s panic about the potential monopoly of the transportation giant.

　　News Memory

　　Didi, Uber, and China all have Liu family members behind them

　　Didi and Uber China have another relationship. Didi’s president, Jean Liu, and Uber’s head of China strategy, Zhen Liu, are Liu Chuanzhi’s daughter and niece, respectively. The two are actually cousins.

　　At present, Liu Qing is the president of Didi Company and is the "second-in-command" of Didi Company except for Cheng Wei, the CEO. After the news of the merger between the two parties was released yesterday, Liu Qing and Cheng Wei jointly issued an internal letter to Didi colleagues. The letter mentioned that "great opponent, epic showdown" is an evaluation of Uber, which can also be regarded as an evaluation of Uber’s leadership team.

　　Liu Qing was born in 1978, with a bachelor’s degree in computer science from Peking University and a master’s degree from Harvard University. Her father was Liu Chuanzhi, the founder of Lenovo Group, but she did not enter Lenovo’s job. It is said that Liu Chuanzhi once stipulated that "children of Lenovo management shall not work in the company". In 2002, Liu Qing joined the investment banking department of Goldman Sachs; in 2008, Liu Qing served as the executive director of Goldman Sachs (Asia) Limited Liability Company, with an annual income of more than 10 million yuan. Among them, Didi is also the company that Liu Qing has always wanted to invest in on behalf of Goldman Sachs. In 2014, at the invitation of Cheng Wei, Liu Qing joined Didi as the chief operating officer. At that time, Uber was just about to enter the Chinese market, and Didi’s biggest competitor was Kuaidi.

　　On Valentine’s Day 2015, Didi and Kuaidi announced the merger, which was one of the main events led by Liu Qing at Didi. In the same month, Liu Qing was promoted to president of Didi. Cheng Wei said, "Liu Qing helped the company complete the largest financing of 700 million US dollars for a non-listed company in half a year when he joined Didi, and led the special car, PR (public relations department), and GR (government public relations department) teams to fight bloody battles, blazing a bloody path, and started a future-oriented organizational change in the personnel field. After serving as president, Liu Qing will be more responsible for the daily business operations of the company."

　　Liu Zhen is Liu Chuanzhi’s niece. She graduated from Renmin University in China and studied at the University of California, Berkeley. After working in a law firm in Silicon Valley, she was sent back to China in 2008 to represent Silicon Valley companies in some investment work in China, mainly in charge of legal advice for Internet companies, and Uber is her client. In early 2014, Uber entered China, and in August 2015, Liu Zhen made her first public appearance as the head of Uber China strategy. Since Uber China does not have a CEO, Liu Zhen is called the "first sister" in Uber China.

　　The previous rivalry between Didi and Uber was seen to some extent as a showdown between the two women of the Liu family. When news of the merger broke, some netizens said that "Erliu can finally meet and chat happily".

　　Does Liu Chuanzhi have any objections to his cousins as the first and second leaders of two travel giants? Previously, Liu Chuanzhi responded positively to the question in an interview with the media, "The specific issue of the child is rarely discussed. I am not as supportive or unsupportive as the outside world said. I did not stop it. My wife is clearly opposed." In addition, Lenovo is also a major shareholder of another travel platform, Shenzhou Car Rental. Is this accidental or arranged? Liu Chuanzhi said, "It is all accidental. Liu Qing and Liu Zhen both chose their own careers, and they have nothing to do with me at all. In terms of enterprises, I should pay more attention to Shenzhou Car Rental. After all, this is invested by Legend Holdings. Everyone is running for the development of their own careers, so there is nothing."

　　Text/Our reporter, Wen Jing, graphic production/Pan Fan

Ideal L9 won the five-star intelligent star rating of IVISTA China Smart Car Index.

　　On April 27th, China Automotive Engineering Research Institute Co., Ltd. (hereinafter referred to as "China Automobile Research Institute") announced the evaluation results of the first batch of vehicles of IVISTA China Smart Car Index in 2023. Ideal L9 got four "G" (excellent) evaluations and five-star intelligent star rating in the four items of intelligent driving, intelligent safety, intelligent parking and intelligent interaction. Among them, in the intelligent safety test, Ideal L9 has the highest score among the vehicles that have been tested by China Smart Car Index, and it is also the first vehicle to get G+ for navigation-assisted driving evaluation on the basis of four G evaluations. The ideal L9 has also become the vehicle with the highest performance in IVISTA China Smart Car Index.

Image default title _fororder_WechatIMG15769

　　Intelligent driving: comes standard with powerful perceptual hardware and software, and insists on full-stack self-research

　　Ideal L9 adopts the intelligent driving system of ideal AD Max, and comes standard with powerful sensing system, 6 8-megapixel cameras, 4 2-megapixel panoramic cameras and 1 2-megapixel rear-view camera, realizing 360-degree omni-directional and the farthest forward-looking sensing distance of 550 meters. A forward millimeter-wave radar, 12 sixth-generation ultrasonic sensors and a 128-line laser radar enhance the perception redundancy and adaptability to complex environments such as weak and dim light, which can more effectively identify risks, make avoidance reminders and avoidance in advance, and improve driving safety.

　　The dual Orion-X computing platform of the ideal AD Max intelligent driving system has finally reached 508TOPS, which can effectively process the fusion signals of high-definition camera, laser radar, millimeter-wave radar and ultrasonic sensor in real time, thus making the vehicle’s perception of the road become farther, wider, clearer and more accurate, helping drivers to identify risks more effectively and continuously improving driving safety.

　　In addition, the ideal AD Max adopts LI’s self-developed sensing and control algorithm, and aims at the accident scenes with high frequency of users, such as road construction with temporary roadblocks; The congestion scene of close-range vehicles and the scene of accidents or faulty vehicles parked in the middle of the road are comprehensively optimized. Maximize the driving safety of vehicles. LI is confident that the perception and decision-making ability of the ideal L9 intelligent driving system can help drivers to identify, brake and avoid earlier, so as to minimize accidents.

　　With powerful sensing hardware, in terms of software functions, the ideal L9 comes standard with NOA navigation assisted driving, AEB, LKA and other assisted driving functions. At the same time, the OTA version 4.4, which has just been pushed recently, has also realized the LKA Plus function pioneered by LI and the sentry mode with the highest user voice.

Image default title _fororder_WechatIMG15770

　　City NOA: During the year, 100 cities can realize the NOA navigation-assisted driving function and use it free of charge.

　　At the Shanghai Auto Show on April 18th, LI officially released the Ideal Intelligent Driving 3.0 system. The Ideal AD Max 3.0 is based on the in-depth self-developed algorithm and massive automatic driving data. LI will completely get rid of the dependence on high-precision maps and can perceive, make decisions and plan in real time like a human driver, so as to realize autonomous traffic in complex urban scenes and bring users a safe and convenient intelligent driving system.

　　Based on the ideal AD Max 3.0, the NOA navigation-assisted driving function in cities will be pushed to internal users from the second quarter of this year. By the end of 2023, we will push more than 100 domestic cities and use a set of technologies to completely open up cities and highways. The ability trained based on the large model will also be released to users who adopt the ideal AD Pro hardware model. At the same time, AD Max 3.0 will also be perfectly integrated with the ideal self-operated super charging station.

　　LI adheres to the standard of intelligent assisted driving system, and the software and services of ideal AD Max 3.0 urban navigation assisted driving system are free for life. The hardware, software and service value given to the model will also be fully reflected in the second-hand car transaction, which is a real asset.

　　Intelligent cockpit: the first multi-dimensional space interaction makes the whole family feel happy.

　　Ideal L9 adopts a new dual-screen combination of HUD+ and safe driving interactive screen. Important driving information is projected on the front windshield through the HUD, and the line of sight does not need to leave the road, making driving safer. The interactive screen of safe driving can directly reach the common functions of drivers with one button, such as HUD adjustment and energy mode adjustment, which greatly improves the convenience.

　　The ideal L9 car screen is currently three car-grade OLED screens with 3K high-definition resolution and extreme color reproduction, which is the clearest and most delicate OLED display screen currently used in cars. All three screens adopt low blue light display technology, which can effectively protect children’s eyesight, and have obtained professional low blue light certification for large-screen vehicles in China, Rhein.

　　The ideal intelligent cockpit of L9 is based on five-screen linkage and voice interaction of the whole vehicle. The design of the screen takes into account the passengers in each seat, and at the same time, there are six digital silicon wheat in the vehicle, and a brand-new spatial positioning algorithm developed by the whole stack is adopted to realize the independent recognition of six-tone regions and achieve the best voice interaction experience.

　　In addition, the ideal L9 will also provide a 21-speaker Hi-Fi hi-fi sound system with a maximum power amplifier of 2160W. The speaker is made of top-grade materials, which makes the sound more reproducible, more complete in details and more powerful in low frequency. 7.3.4 The sound layout is matched with Dolby Atmos panoramic sound to create the same immersive surround sound effect as top cinemas, so that every position in the car can have the best sound field experience. Moreover, the two seats in the second row will provide a 4D vibration effect, which will bring an unprecedented 4D viewing and game experience with the complete sound system and dynamic atmosphere lights. The ideal intelligent cockpit of L9 is a smart space for the whole family, so that every family member can feel happiness.

　　In addition to having super hardware, LI continues to iterate software through OTA to enhance the experience and increase rich applications. The task master who has been online has been loved by many users, and the soon-to-be-launched tuning master will open more adjustable parameters at the bottom for music lovers, and can share his edited sound effects by sharing codes.

　　In the future, LI will continue to provide users with a safer, more convenient and more comfortable car experience through independent research and development. (Photo courtesy of LI)

Hua Qiangu is so red because he made ＂Su＂ to the extreme？

　　[Screen Guide · "Hua Qiangu"]

　　The TV series "Hua Qiangu" broke 2 in a single episode, setting the highest ratings in the provincial satellite TV weekly broadcast mode, and the star Zhao Liying was also able to beat a group of old Muse in the variety show. So the question is, why is "Hua Qiangu" so popular? After carefully watching the N episodes, I found that this drama is similar to "You from the Stars". Basically, the female audience can give whatever they like to watch, give it to you until you vomit, and make the "Su" point to the extreme. "Su" has no friends, travels all over other people’s roads, leaving others with no way to go!

　　First of all, the identity of the heroine. One of the popular idol dramas and online rules for women is that the heroine cannot be tall and rich, but if you think she is really ordinary, you are wrong, she must be extraordinary among ordinary. On the surface, Hua Qiangu looks like a bumbling underachiever, but the truth is: she is the last god of the six realms! And if you bully her hard, she will evolve into a devil who destroys everything in the world (don’t ask me why)!

　　Secondly, all male creatures should love the female protagonist. Those who have obstacles should love, and those who have no obstacles to creation should also love. There is a quite popular online novel "Manchu Wenwu Falls in Love with Me". At first glance, I was almost shocked by the name, but it did summarize this trait. And these people who love Hua Qiangu are more than one cow, Shangxian, Demon Lord, and the pavilion master who constantly reincarnates to protect the common people. Let me tell you, the human emperor without any super powers is the weakest one in Hua Qiangu Harem Group, and he is also the first to be eliminated.

　　Once again, abuse, abuse, abuse to the bridge of the grandmother. The more the heroine is bullied in the process of growing up, the more the audience loves to watch, from "Desire", "Dae Jang Jin" to "Empresses in the palace", these palace-level "female protagonist to (the consumer is a woman) " TV series are all like this. And Hua Qiangu once again went to the extreme, the immortal body was scrapped, the tendons were picked, the steel was poured into the iron, the face was destroyed, and the barbarian was exiled. And what is the reason for all this? Love! It’s not that I lied to you because I read less, it’s really just because of love!

　　Once again, prohibition, abstinence, abstinence, prohibition is the last word. Before this drama went LIVE, the biggest selling point of its promotion was that the master and apprentice abstinence from love. In fact, all the female protagonists to Xianxia are basically the master and apprentice love, but some are warm and some are funny, some are landslides and some are long-flowing, and "Hua Qiangu" is one of the most sadomasochistic. In terms of facial paralysis poker abstinence, Baizi painting can easily rank in the top three among all the male protagonists of online novels.

　　Finally, all kinds of god settings and all the lines full of shame. The setting of the heroine, the transformation, why did Bai Zi Hua pretend not to love him (let go of the common people, they have not been a cover for a long time), why did Bai Zi Hua have to drink Hua Qiangu’s blood for poisoning (justifiably add vampire elements?)

　　Finally, please allow me to share two classic lines with you. Kill my sister and say: Bai Zihua, if you dare to hurt her for your disciples, I will slaughter you all over the world. If you dare to damage her for the world, I will kill all the people in the world. Hua Qiangu turned into the ultimate big boss and turned cool and blew up the sky: Bai Zihua, I curse you in the name of God: this life, this world, eternal life and eternal life. Aging and not dying. Unhurt and not destroyed. In the name of God? What the hell is that!

　　PS: Zhao Liying is the biggest contributor to the success of this drama, and her own characteristics are unparalleled among the flower dans of her age. With "The Legend of Lu Zhen", "Shanshan is Coming", "Hua Qiangu" and other topical dramas, Zhao Liying has completely lost several positions in other flower dans of the same age and become the first person in the field of TV dramas.

　　Mancini (drama critic)

Ele.me CEO responds to rumors of being acquired by Douyin： Fake can only be fake after all

Beijing News Shell Financial News (reporter Cheng Zijiao) On January 24, in response to online rumors that Douyin was in talks with Alibaba to acquire Ele.me, Ele.me CEO Yu Yongfu responded on the company’s intranet that the rumors were false.

"Fake, we have already refuted the rumors," Mr. Yu said on the intranet. "I don’t know if there are not many things that people can care about in the Internet industry now, but fake can only be fake in the end. I have said in the class committee (management) before that everyone may feel that they have heard the most authority from me, so they will respond positively to everyone again."

He also said that over the past two years, Ele.me has continued to reduce leverage, and its efficiency has been greatly improved. In the next three years, Ele.me will further improve its efficiency, solve its own problems, and complete a new stage goal."The market always hates the poor and loves the rich. It is precisely because we are getting better step by step that more and more voices in the market are paying attention to us. As long as we continue to get better step by step, more and more voices in the market will be optimistic about us. "

Yu Yongfu also said that based on the overall goals for the next three years, the management of Ele.me has made detailed plans for the business strategy for the next 100 days and the next year, and each business unit is also formulating the goals for the new fiscal year. The next step will be gradually implemented, which is worth the market’s continued expectation.

Editor, Yue Cai Zhou

Proofreading, Lucie

Can Xiaomi change the status quo of ＂80% of power banks are counterfeit＂ by suing infringing merchants？ ｜ June 7 Bad News List

Pay attention to the daily and monthly list of industry bad news published by Titanium Media, a list of the most impactful bad news of the day.

Previously, Lei Jun said bluntly during the two sessions that Xiaomi is also deeply damaged by counterfeiting. At present, Xiaomi mobile power accounts for 80% of the market share, but 80% of them are counterfeit.

In response to the source of counterfeiting, recently, Xiaomi sued a business center in Beijing to the court, asking the defendant to stop infringing on the plaintiff’s registered trademark exclusive right and destroy the inventory of infringing product grinding molds, compensate the plaintiff for economic losses of 50,000 yuan, and publish an apology statement in the China Intellectual Property News.

According to the Haidian court, the plaintiff claimed that Xiaomi was established in April 2010 and is an innovative technology enterprise focusing on the independent research and development of high-end smartphones and Internet TVs. The plaintiff registered the registered trademarks No. 8228211 "Xiaomi" and other registered trademarks, and the approved applicable goods include "portable computers, portable unlimited phones, video phones, headphones," etc. The above trademarks are all within the exclusive protection period.

Since its establishment, the plaintiff has been applying the above trademarks in "mobile phones, earphones, routers, TVs" and other products. The plaintiff uses a unique Xiaomi model to operate Xiaomi mobile phones, which has triggered a buying boom, is deeply original and has won praise. Therefore, the above trademarks have gained a high reputation and influence in publicity and use, and have been welcomed by consumers.

After investigation, the plaintiff found that the same trademark as the plaintiff was used on the earphones and mobile power supplies sold in the defendant’s store. The plaintiff believes that the defendant’s actions have constituted an infringement of the plaintiff’s exclusive right to use the registered trademark.

The case is currently under further investigation.

In fact, this is not an isolated case. In 2015, Xiaomi sued more than 80 Changsha merchants for trademark infringement, and the products involved were also mobile power supplies and headphones.

Phoenix Video was sued for infringement because it was not authorized to broadcast CCTV’s "Let’s Talk" program

The official website of Haidian Court today released a case express, because it believes that Beijing Tianying Kyushu Network Technology Co., Ltd. has violated its rights by broadcasting the "Let’s Talk" series without authorization, CCTV International Network Co., Ltd. sued the court, asking the defendant to immediately stop the transmission of the program involved in the infringement through the information network, stop the infringement of the relevant copyright enjoyed by the plaintiff and compensate the economic loss of 1.15 million yuan. A few days ago, the Haidian Court accepted the case.

Another business is dead! LeTV Cloud Disk announced the suspension of services

With the trend of strict supervision and few online disks being profitable, many online disks or manufacturers’ Cloud as a Service have announced the collapse since last year. Now, LeTV Cloud Disk has also issued a suspension announcement, announcing that it will stop personal cloud disk services, the specific time is June 30, 2017. LeTV reminds users that please be sure to back up personal problems after the network disk is closed, and these files will never be found again after the shutdown. Regarding the reason for closing the network disk, LeTV said that this is due to the use of cloud disk storage by some criminals to distribute illegal files such as piracy and pornography.

Apple strictly prohibits the application of Hot Module Replacement Honor of Kings, 12306, etc. affected

Recently, Apple announced to some developers that if they do not remove the code related to Hot Module Replacement by June 12, their apps may be removed from the shelves. Apple has previously issued relevant warnings to them. This means that mobile games including Honor of Kings, Onmyoji, Happy Xiaoxiao and other mobile games cannot continue to use the iOS Hot Module Replacement function. Apple’s App Store review team sent an email to some developers recently saying, "In March this year, we have sent a message to remind you that your app appears to have some Hot Module Replacement code, which violates the 3.3.2 clause of the Apple Developer Agreement and the 2.5.2 clause of the App Store Review Guidelines. We have asked you to remove all relevant code, frameworks or SDKs and resubmit the version. At the time of this push notification, we have not received any corresponding adjustments from you. To ensure the normal operation of your app in the App Store, please submit an update before June 12, 2017. If you do not make adjustments, your app may be removed from the App Store. "

The president’s Twitter account blocked netizens, and Trump received a lawyer’s letter

According to foreign media reports, some Twitter users are always criticizing or mocking US President Donald Trump on Twitter. As a result, Trump simply banned these users from accessing his Twitter account. As a result, the lawyers representing these users sent a direct letter to President Trump, asking him to restore the users’ access or sue him for violating the Constitution. In a letter sent to Trump on Tuesday, the lawyers argued that the US president’s Twitter account is a "public forum" and therefore the Trump administration cannot constitutionally ban them from accessing the account because they disagree with others. The letter demanded that the president immediately unblock these users or take him to court.

Customer online shopping beauty services caused eye injuries, sued the beaver family for nearly 20,000

Ms. Li made an appointment for beauty services on the Beaver Home platform. After receiving beauty services, Ms. Li suffered an eye injury and was admitted to the hospital for medical treatment. For this reason, Ms. Li sued Beaver Home to the Chaoyang District Court in Beijing, claiming nearly 20,000 yuan. Beaver Home stated that it is only an online service trading platform that provides information for service providers and customers, not a beauty service provider. For this reason, Beaver Home applied for an additional beauty service provider, Ms. Tian, as the defendant. Yesterday, the case was heard in Chaoyang Court. Both Beaver Home and Ms. Tian believed that it was unreasonable for Ms. Li to inform Beaver Home of her eye injury after 7 days of receiving beauty services, and questioned the cause of Ms. Li’s eye injury.

Apple employees in China arrested for illegally obtaining iPhone user information

It was learned from the Cangnan County Public Security Bureau in Zhejiang that the police cracked a case of illegally obtaining computer information system data and infringing on citizens’ personal information, arrested 22 alleged offenders, and destroyed the underground black industry chain. According to reports, in January 2017, the Cangnan police found that Apple’s domestic employees were suspected of illegally obtaining citizens’ personal information associated with Apple mobile phones and selling them online, involving a huge amount of money. Immediately, the police aimed to track down the source, destroy the platform, and break the chain. After months of investigation, on May 3, Wenzhou City, Cangnan County two levels of public security organs organized personnel to Guangdong, Jiangsu, Fujian and other places unified network, arrested a total of Li, Gan, District and other major alleged offenders 22 people, including Apple domestic direct selling company and Apple outsourcing company employees 20 people, the seizure of a number of computers, mobile phones, bank cards and other crime tools, preliminary identification of the amount of more than 50 million yuan. (Zhang Na/Titanium Media Intern Editor)